The Construction Dumper Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Construction Dumper Global Market Report 2024, The construction dumper market size has grown strongly in recent years. It will grow from $22.13 billion in 2023 to $23.56 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to infrastructure development, urbanization, construction and mining activities, efficiency and productivity, rise in residential construction, environmental regulations.
The construction dumper market size is expected to see strong growth in the next few years. It will grow to $29.37 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to smart construction practices, renewable energy projects, remote operation and automation, e-commerce and warehouse construction, resilience in construction post-pandemic. Major trends in the forecast period include electrification and hybridization, advanced telematics and connectivity, autonomous and remote-controlled dumpers, modular and customizable design, rental services.
The rising construction activity is expected to propel the growth of the construction dumper market going forward. Rising construction activity refers to an increased demand for construction materials, equipment, and services. This can lead to growth in related industries such as manufacturing, transportation, and engineering. Rising construction activities increase the number of construction sites and projects, which can further increase the demand for dumpers. Dumpers transport and unload materials such as sand, gravel, and debris on construction sites. For instance, in 2021, according to FMI (Fails Management Institute) Corporation, a US-based consulting and investment banking firm, commercial construction activities had a 6% growth with $92 billion in investment. Further, in March 2023, according to the United States Census Bureau, a US-based principal agency of the federal statistical system, the number of privately owned housing units approved by building permits in February was 1,524,000 on a seasonally adjusted yearly basis. This is 13.8% more than the January rate, which was corrected to 1,339,000. Therefore, the rise in construction activity is driving the growth of the construction dumper market.
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The construction dumper market covered in this report is segmented –
1) By Type: Articulated Dump Trucks, Rigid Dump Trucks, Other Types
2) By Engine Type: Internal Combustion Engine, Electric Engine
3) By Fuel Type: Gasoline, Diesel, Compressed Natural Gas (CNG)
4) By Application: Construction, Mining, Other Application
Product innovation is a key trend gaining popularity in the construction dumper market. Companies operating in the construction dumper market are innovating new products to sustain their position in the market. For instance, in May 2021, Mecalac, a UK-based innovative and compact construction equipment company, launched an all-new 3.5MDX cabbed site dumper. The new 3.5MDX is powered by a Stage V-compliant Kubota D1803 1.8L turbocharged 3-cylinder diesel engine that produces 50hp (37kW) at 2700rpm and 150.5Nm at 1600rpm. The 3.5MDX has permanent hydrostatic four-wheel drive and high and low-range gearing for forward and reverse. It helps operators to quickly move loads under even the most challenging site conditions since they have torque on demand.
The construction dumper market report table of contents includes:
1. Executive Summary
2. Construction DumperMarket Characteristics
3.Construction Dumper Market Trends And Strategies
4.Construction Dumper Impact Of market analysis
5.Construction Dumper Market Size And Growth
6.Construction Dumper Segmentation
7.Construction Dumper Regional And Country Analysis
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27.Construction Dumper Competitive Landscape And Company Profiles
28. Construction Dumper Key Mergers And Acquisitions
29. Construction Dumper Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Volvo AB
- Caterpillar Inc.
- Joseph Cyril Bamford Excavators Limited
- Komatsu Ltd.
- Hitachi Ltd.
- Mercedes-Benz
- Ashok Leyland Ltd.
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Latest Research Study on Global Construction Dumper Market published by AMA, offers a detailed overview of the factors influencing the global business scope.
These dumpers are used to transport movable materials such as sand, gravel, and others for construction purposes.
Construction dumpers mechanically consist of a bed box at the back end of the dump truck, for lifting purpose they use hydraulic piston which helps in dumping the required material into the ground.
This Research Report Conducts an assessment of the industry chain supporting this market.
The Global Construction Dumper Market segments and Market Data Break Down are illuminated below: by Type (Articulated Dump Trucks, Rigid Dump Trucks, Other), Application (Agricultural, Construction, Mining, Other), Truck Type (Standard Dump Truck, Super Dump Truck, Side Dump Truck, Articulated Dump Truck), Transmission Type (Automatic, Manual), Fuel Type (Gasoline, Diseal, CNG) Region Included are:South AmericaBrazilArgentinaRest of South AmericaAsia PacificChinaJapanIndiaSouth KoreaTaiwanAustraliaRest of Asia-PacificEuropeGermanyFranceItalyUnited KingdomNetherlandsRest of EuropeMEAMiddle EastAfricaNorth AmericaUnited StatesCanadaMexicoCountry Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Strategic Points Covered in Table of Content of Global Construction Dumper Market:Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Construction Dumper marketChapter 2: Exclusive Summary – the basic information of the Construction Dumper Market.Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Construction DumperChapter 4: Presenting the Construction Dumper Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020 Data Sources & Methodology The primary sources involves the industry experts from the Global Construction Dumper Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain.
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